Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 11 of 11
Full-Text Articles in Entire DC Network
The Impact Of Options Listing On The Information Content Of Annual Earnings Announcement., Tinwah Richard Lau
The Impact Of Options Listing On The Information Content Of Annual Earnings Announcement., Tinwah Richard Lau
LSU Historical Dissertations and Theses
The purpose of this study is to determine whether options listing induces additional information acquisition and processing and hence causes a commensurate reduction in the information content of annual earnings announcements. The U-statistic is used to measure the information content of annual earnings announcements. The dissertation tests the options listing effects on four different designs: (i) all exchange (NYSE/AMEX) firms, (ii) large exchange firms versus small exchange firms, (iii) positive unexpected earnings firms versus negative unexpected earnings firms, and (iv) all over-the-counter firms. The research found that, after options listing, the U-statistic of the exchange firms decreases significantly during the …
An Examination Of The Effect Of Financial Risk On The Manager's Choice Of Accounting Methods., Linda Marie Nichols
An Examination Of The Effect Of Financial Risk On The Manager's Choice Of Accounting Methods., Linda Marie Nichols
LSU Historical Dissertations and Theses
This study examines the effect of the firm's level of financial risk on management's preference for full-cost or successful-efforts accounting in the oil and gas industry. Agency theory predicts that firms with increasing levels of financial risk have an incentive to switch to an accounting method which tends to increase net tangible assets and which creates more stable earnings in order to avoid technical default on loan covenants. Therefore, it is expected that successful-efforts firms with increasing levels of financial risk will tend to switch to use the full-cost accounting method. Past studies have used leverage as a surrogate for …
An Experimental Research Study On The Effect Of Accrual Of Nonpension Postretirement Benefit Costs On Loan Officers' Decisions., Joyce Ann Strawser
An Experimental Research Study On The Effect Of Accrual Of Nonpension Postretirement Benefit Costs On Loan Officers' Decisions., Joyce Ann Strawser
LSU Historical Dissertations and Theses
On February 14, 1989, the Financial Accounting Standards Board issued an exposure draft entitled "Employers' Accounting for Postretirement Benefits Other Than Pensions." The provisions of this proposed Statement of Financial Accounting Standards would require that the costs of nonpension postretirement benefits be recognized in employer financial statements over the service lives of employees expected to receive benefits. This study examined the decisions of commercial bank loan officers in an experiment designed to determine whether the proposed accrual of postretirement health care benefits affects the decisions of financial statement users. The following issues were also addressed: (1) Does the nonpension postretirement …
The Impact Of Alternative Presentations Of Cash Flows From Operations On The Relevance Of Funds Flow Information., David Walter Cornell
The Impact Of Alternative Presentations Of Cash Flows From Operations On The Relevance Of Funds Flow Information., David Walter Cornell
LSU Historical Dissertations and Theses
Generally accepted accounting procedures allow the use of either the direct or indirect presentation of cash flow from operations in the statement of cash flows. A behavioral study is employed to examine the impact of these alternative presentations on the relevance of the information provided by the statement. Bank loan officers make line of credit and interest rate decisions, and projected cash flow from operations based on a set of financial statements presented in either the direct or indirect format. The study also examines the feedback value of the alternative presentations, which is operationalized as the change in accuracy of …
An Empirical Investigation Of The Financial Statement Characteristics Of Firms Engaging In In-Substance Defeasance Of Debt., Raymond Jeffords Jr
An Empirical Investigation Of The Financial Statement Characteristics Of Firms Engaging In In-Substance Defeasance Of Debt., Raymond Jeffords Jr
LSU Historical Dissertations and Theses
Extinguishment of debt through in-substance defeasance is a powerful debt management tool that enables corporations to eliminate debt from their balance sheets and record substantial gains on extinguishment whenever market rates of interest exceed the coupon rate of defeased debt. Corporations engaging in in-substance defeasance must conform to the provision of Statement of Financial Accounting Standards No. 76, Extinguishment of Debt, issued by the Financial Accounting Standards Board in 1983. Critics of Statement No. 76 charge that in-substance defeasance may be used to window dress the financial statements. This study represents an initial test of the assertion that in-substance defeasance …
An Analysis Of Consulting And How It Relates To The Modern Accounting Profession, Kristine L. Nudo
An Analysis Of Consulting And How It Relates To The Modern Accounting Profession, Kristine L. Nudo
Honors Capstones
Consulting has not set definition, so I analyzed what it is, and how it relates to accounting. To discover what this mysterious creature is I read dozens of books and articles, along with talking to members of the consulting field in public accounting firms and industry. I found that there is a common misconception about what consulting is. This causes ill feelings about consulting to those who have dealt with "consultants" who really weren't acting as true consultants. Consulting ends with the choosing of a recommendation, but only rarely, with management's approval, actually does the implementing. The ill feelings result …
Analysis Of Impairment Of Debt And Assets, Richard L. Tippy
Analysis Of Impairment Of Debt And Assets, Richard L. Tippy
Honors Capstones
No abstract provided.
The Interaction Of Accountants' Involvement And Basis Of Accounting On Loan Officers' Judgment When Evaluating A Loan To A Small Business., Joe Gregory Bushong
The Interaction Of Accountants' Involvement And Basis Of Accounting On Loan Officers' Judgment When Evaluating A Loan To A Small Business., Joe Gregory Bushong
LSU Historical Dissertations and Theses
Small/private business is an important sector of the economy of the United States; however, the needs of small business are often overlooked when accounting standards are established. This has led to concerns that small businesses are required to report financial information that is not needed by the users of their financial statements, and that they are precluded from reporting information that may be more useful. The purpose of this study was to determine whether loan decisions made using financial statements prepared on a modified basis of accounting affected decisions made by bank loan officers, the primary external users of small …
A Training Intervention For Control Of Sba Loan Defaults: A Theory Development Approach., J. Dennis Coates
A Training Intervention For Control Of Sba Loan Defaults: A Theory Development Approach., J. Dennis Coates
LSU Historical Dissertations and Theses
Since the energy-crisis days of the early 1970's, the United States' economy has been gradually moving from reliance on manufacturing operations to a reliance on service industries. This shift has lead to an abundance of opportunities in the area of small business development. In response to these opportunities, the small business sector has undergone substantial growth. One problem associated with this growth is the procurement of financing for small business startups. Since most entrepreneurs do not have the financing options available to large corporations, the majority of small business startups involve owner bank borrowing, often with the assistance of the …
An Experiment To Study The Effects Of Changing Format And Scaling Characteristics Of Financial Statement Data., Paul Michael Goldwater
An Experiment To Study The Effects Of Changing Format And Scaling Characteristics Of Financial Statement Data., Paul Michael Goldwater
LSU Historical Dissertations and Theses
Current financial statements present single numbers, the result of a measurement process embracing many estimates and arbitrary classifications, summarizations, judgments, and allocations. These point-estimates and the ensuing uncertainty for decisionmakers has been cause for concern to both academics and practitioners, evoking various recommendations to change the format and scaling of financial statement data. The most significant acknowledgment of this problem came from the Financial Accounting Standards Board in 1978, when it released Objectives of Financial Reporting by Business Enterprises (SFAC No. 1). The primary interest of this research was to study the impact on decisionmaking about prospective cash flows by …
A Survey Of Computer Usage In Year 11 And 12 Accounting In Western Australian Secondary Government Schools, Grazyna Critch
A Survey Of Computer Usage In Year 11 And 12 Accounting In Western Australian Secondary Government Schools, Grazyna Critch
Theses : Honours
Computer technology has changed the process of accounting and as a result computer usage has become an essential skill for the accountant. Consequently, computer applications are advocated in the accounting curriculum, the vocational rationale verified by virtue of the fact that the accounting profession itself is calling for computer training as part of accounting education. Although there is widespread agreement about the need for computer usage within accounting education, there is often a dichotomy between the educational goal and its application in practice. This is because computer usage in accounting is not without problems; while there are many factors which …